What is new Income Tax Bill announced by Finance Minister Nirmala Sitharaman and why it will replace the Income Tax Act
The new income tax bill received clearance from the Union Cabinet last week. Soon, the FM will likely table the same in the ...
INTERVIEW | ‘Census, per capita income reasons for low budget allocation’: TM Vijay Bhaskar
Former chief secretary and ex-chairman of the Second Karnataka Administrative Reforms Commission TM Vijay Bhaskar spoke to ...
TDS, TCS limits hiked in Budget 2025: Seniors, landlords, foreign travellers, students to benefit
While senior citizens, landlords and those providing professional/technical services are the biggest beneficiaries of the TDS ...
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Income tax rates for individuals
These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...
Tax Guru22h
Section 263 Invocation justified as AO passed order without Necessary inquiries
The AO initially passed an assessment order, making additions related to transfer pricing adjustments and disallowance under Section 14A. Subsequently, the assessment was reopened under Section 147 ...